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If what you say is right, do you think it’s possible that the US government will look at what happens over here (the UK) in the next couple of years and decide to come to their senses. Or am I being a trifle naive ?
Won’t happen. The US government will not come to its senses like that. It is going to require a complete rethink and change of attitude in Congress before any sort of regulation is concerned – and the UK position will only be considered after the fact, so to speak.
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I do know for a fact that there is dialogue going on.
It is going to require a complete rethink, and there are people interested in rethinking now.
Do not forget that the US is losing mega revenue because of this.
It will not happen tomorrow, but some have started laying some groundwork for it, and my bets are that within a couple of years regulation will be on the table. If not sooner.